SOL/BTC – 1H – SELLAdditionally a ‘Double bottom retreat down’ chart pattern is existing. The chart shows ‘Double bottom retreat down’. which is a negative signal. The pair is likely to go down.
The pair Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline downwards
A bearish movement down to the next support line at 0.001445000 is likely expected.
Caution: A possible change in the direction of resistance at 0.001503600 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001560000 |
| 2nd High | 0.001509500 |
| Next High | 0.001503600 |
| Current Price | 0.001497300 |
| Next Low | 0.001445000 |
| 2nd Low | 0.001347600 |
| 3rd Low | 0.001288500 |
0.001503600 – 0.001395300 – 0.001379400 – 0.001445000 – 0.001347600 – 0.001349000
Trading Signals: FOREX – SOL – SOL/BTC – BTC – – Double bottom retreat down